.
Google

                       

Nortel Lawsuit


faces class action over changes to employee pension plan


Nortel faces class action over changes to employee pension plan

A plan to make major changes to employee pension plans has attracted a class action lawsuit against Nortel Networks. Employees see their future pension benefits evaporate as Nortel initiates a series of cost-cutting measures that include layoffs.

More than 40 Nortel employees are supporting the class action. Nortel has changed the pension plan from a defined-benefits plan to a defined-contribution plan as of Jan-01-08, effectively shifting the future inflation from the company to the employee.

Health care benefits have also been eliminated from future retirees. The class action has been initiated to help employees with at least 20 years of service who were not protected in the transition.

Nortel Legal Help

If you or a loved one has suffered damages in this case, please click the link below to send your complaint to a lawyer to evaluate your claim at no cost or obligation.
Related Law Suits

Nortel Law Suit and Settlement

CIA Law Suit and Settlement

Deja Vu Law Suit and Settlement

Westinghouse Law Suit and Settlement

'21' Club Law Suit and Settlement

Hooters Law Suit and Settlement

Marriott Law Suit and Settlement

Jevic Transportation Law Suit and Settlement

Lockheed Martin Law Suit and Settlement

Venetian Resort Law Suit and Settlement

See more stories from this source.



Class Action Law Suits

Newsworthy Law Suits
Defective Products Lawsuits
Discrimination Lawsuits
Drug & Medical Claims Lawsuits
Food & Dietary Supplement Lawsuits
Insurance Lawsuits
Malpractice Lawsuits
Personal Injury Lawsuits
Real Estate Lawsuits
Investment Fraud Lawsuits


Related Law Articles

Employment Contracts
General Contract Law Principles

Employee Lawsuits (An Introduction and Topic Overview)
How employers can cope with the siege of employee lawsuits

Employee Lawsuits: Negligent Hiring and Retention
Employers must check references, criminal records, other background material.

Related Law Questions

Can a former employee use photographs of jobs completed whie working for me in marketing material for a new business?
There are several issues here

1. Sub contractor started up a compe...

I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...

I was fired on June 3, 2002 in Massachusetts because I reported discriminatory behavior by the employer towards a particular nationality. In July I filed a discrimination/retaliation complaint against the employer with t
It seem sin your case that the fact you filed the complaint prior to being dissa...

What can be done to stop "Harry T. Keane Jr" from persuig his Entertainment Fraud Business ?
Harry Keane in the Dallas Tx area is a fraud. He cannot tell the truth. His whol...

How can an employer defend themselves for firing an employee who contends the company exposed him to hazardardous atmospheres although medical testing has been negative?
You'll need to contact OSHA to determine your responsibility as far as the work ...

Related Law Bulletins

Summary Judgement for Dismissal of Personal Injury Lawsuits Require Establishment that Defendant didn't Create the Dangerous Condition of have actual or Constructive Notice of its Existence.
After picking up lunch from the deli counter of a local ...

Should I Sue? Examining the Complex Question and the Role Apologies Play in Medical Malpractice Lawsuits
WBUR examines the medical apologies issue: On WBUR, a Boston NPR s...

Bill Proposes to Allow Sex Abuse Victims to File Injury Lawsuits in Maryland
In Maryland, Baltimore County legislator Eric M. Bromwell has intr...

Customers voluntarily dismiss Taco John’s from E. coli lawsuits ...
Taco John's has been dismissed from a set of vicarious liability ...

U.S. Supreme Court Deals Blow to Lawsuits Against Defective Products
Last week, the U.S. Supreme Court ruled that private lawsuits agai...

Lawyers! Become an Approved Expert to Answer Questions.

Apply Now!
You'll get lots of targetted traffic to your website and new client leads!

US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree


Practice Area
Zip Code:

Contact a Lawyer Now!


Employment Law

Employment Discrimination

Age Discrimination in Employment Act

Equal Employment Opportunity Act

Employment Cost Index

Equal Employment Opportunity Commission

Can a former employee use photographs of jobs completed whie working for me in marketing material for a new business?
There are several issues here

1. Sub contractor started up a compe...

I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...

I was fired on June 3, 2002 in Massachusetts because I reported discriminatory behavior by the employer towards a particular nationality. In July I filed a discrimination/retaliation complaint against the employer with t
It seem sin your case that the fact you filed the complaint prior to being dissa...

What can be done to stop "Harry T. Keane Jr" from persuig his Entertainment Fraud Business ?
Harry Keane in the Dallas Tx area is a fraud. He cannot tell the truth. His whol...

How can an employer defend themselves for firing an employee who contends the company exposed him to hazardardous atmospheres although medical testing has been negative?
You'll need to contact OSHA to determine your responsibility as far as the work ...


0.0156 secs